As the year winds to a close, one money question is most on the mind of the average person: “Am I protected from a downturn?”
That finding is part of the latest annual Natixis Global Survey of Financial Professionals. Natixis asked 2,700 money pros in 20 countries — including 300 in the U.S. — to offer their feedback about the questions they most often hear from clients.
Nearly three-quarters of professionals — 72% — said concerns about being safe in a downturn are at the top of clients’ minds today.
The number is even higher in North America, where 84% of money professionals say their clients are most worried about being protected from a downturn — likely because investors worry about whether the market rally of the past couple of years is sustainable.
The top client questions are:
- Am I protected from a downturn? 72%
- What do I need to do to outpace inflation? 67%
- Am I going to meet my goals? 64%
- How do I preserve and pass on what I built? 64%
- Should I be worried about my investment because of the U.S. election? 60%
- Why should I get back in the market when cash looks so good? 60%
U.S. advisors have their own top concerns about their clients. These pros say the biggest risks they see for clients today are letting headlines interfere with long-term strategy (48%) and a tendency toward trying to time the market (46%).
There isn’t much that investors can do to prevent a market downturn or softening of the economy. But the good news is that it might be possible to benefit from any future downturns when they occur. For more, check out “5 Good Things That Come From Recessions.”
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